Creative Eye (India) Probability of Target Price Finishing Over Current Price

CREATIVEYE -- India Stock  

INR 1.96  0.00  0.00%

Creative Eye probability of target price tool provides mechanism to make assumptions about upside and downside potential of Creative Eye Limited performance during a given time horizon utilizing its historical volatility. Please specify Creative Eye time horizon, a valid symbol (red box) and a target price (blue box) you would like Creative Eye odds to be computed. Check also Trending Equities.
Horizon     30 Days    Login   to change
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Creative Eye Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1.96 30 days 1.96  ABOUT 65.73%
Based on normal probability distribution, the odds of Creative Eye to move above current price in 30 days from now is about 65.73% (This Creative Eye Limited probability density function shows the probability of Creative Eye Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Creative Eye has beta of 0.4189 . This suggests as returns on market go up, Creative Eye average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Creative Eye Limited will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Creative Eye Limited is significantly underperforming DOW.
 Creative Eye Price Density 
      Price 
α
Alpha over DOW
=0.85
β
Beta against DOW=0.42
σ
Overall volatility
=0.41
Ir
Information ratio =0.27

Creative Eye Alerts and Suggestions

Creative Eye Limited is not yet fully synchronised with the market data
Creative Eye Limited may become a speculative penny stock
Creative Eye Limited has very high historical volatility over the last 30 days
Creative Eye Limited has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 232.51M. Net Loss for the year was (48.02M) with loss before overhead, payroll, taxes, and interest of (28.66M).

Creative EyePrice Density Drivers

Float Shares7.35M
Average Daily Volume Last 10 Day148
Average Daily Volume In Three Month912
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